Accounting Today
OCTOBER 20, 2023
The Internal Revenue Service is making improvements to its online tax professional accounts and hiring more accountants as it ramps up enforcement.
Economize
OCTOBER 20, 2023
Cloud computing is not merely a technological upgrade, it’s a business strategy that can significantly enhance operational efficiency, agility, and innovation, all while providing substantial cost savings. For small businesses operating with limited resources, understanding the investment required in cloud computing is crucial.
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Accounting Today
OCTOBER 20, 2023
Plus, Bloomberg Tax & Accounting introduces AI lab; and other news from the accounting technology world.
Accounting Tools
OCTOBER 20, 2023
Related Courses Accountants' Guidebook Bookkeeping Guidebook Under the cash basis of accounting , business transactions are only recorded when the cash related to them is either issued or received. Thus, you would record a sale under the cash basis when the organization receives cash from its customers , not when it issues invoices to them. The cash basis is commonly used in small businesses, since it requires only a limited amount of accounting expertise.
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
Accounting Today
OCTOBER 20, 2023
The deal will expand the Top 40 Firm's footprint to Kentucky and Indiana.
Accounting Tools
OCTOBER 20, 2023
Related Courses Business Combinations and Consolidations CPA Firm Mergers and Acquisitions Divestitures and Spin-Offs Mergers and Acquisitions What is a Creeping Tender Offer? A creeping tender offer is the gradual accumulation of a target company's shares , with the intent of acquiring control over the company or obtaining a significant voting block within it.
Financial Ops World brings together the best financial operations content from the widest variety of thought leaders.
Accounting Tools
OCTOBER 20, 2023
Related Courses Fixed Asset Accounting How to Audit Fixed Assets Accounting for the sale of land differs from the accounting for the sale of any other type of fixed asset , because there is no accumulated depreciation expense to remove from the accounting records. This is because land is not depreciated , on the theory that land is not consumed (as is the case with other fixed assets).
Accounting Today
OCTOBER 20, 2023
Armanino adds tax managed services offering; Leo Berwick hires four practice leaders; and more news from across the profession.
CloudZero
OCTOBER 20, 2023
Our FinOps account management team is dedicated to your success. Here’s exactly what you can expect.
Accounting Today
OCTOBER 20, 2023
Once you have the right people, how do you get them in the right place to maximize productivity and firm growth?
Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence
In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.
Accounting Tools
OCTOBER 20, 2023
Related Courses Fixed Asset Accounting Fixed Asset Controls How to Audit Fixed Assets Land improvements are enhancements to a plot of land to make the land more usable. If these improvements have a useful life , they should be depreciated. If there is no way to estimate a useful life, then do not depreciate the cost of the improvements. If land is being prepared for its intended purpose, then include these costs in the cost of the land asset.
Earmark Accounting Podcast
OCTOBER 20, 2023
Mike Manalac, AKA "Mike from Accounting," joins the show to share his inspiring career journey and unconventional path from public accounting to a dream role at Google. Despite accounting stereotypes, Mike crafted his adventurous route to his ideal job. He opens up about hustling into big tech, regrouping after rejection, taking calculated risks, and breaking out of the "lazy river" career approach.
CloudZero
OCTOBER 20, 2023
There are several high-performing database services available on Amazon Web Services (AWS). When you need to handle caching, Online Transaction Processing (OLTP), real-time data, session stores, or personalization, you can choose one of these options.
AvidXchange
OCTOBER 20, 2023
9thWonder is a strategic marketing, media and content agency that delivers best in class services to a range of Fortune 500 companies in the automotive, tech and CPG industries. With a network of seven agencies worldwide, 9thWonder provides clients with a holistic full-service experience that seamlessly takes a brand from digital and web development to social, media, creative and beyond.
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All accounting teams know what it is like to dread the inevitable month-end scaries. If there was a way to feel less burdened and maybe even a little enthusiastic to work on your month-end close and reconciliation process, would you do it? No, don't answer that, of course you would! Automate your month-end close process by up to 40% with SkyStem's ART and see how much more alive you feel!
CloudZero
OCTOBER 20, 2023
CloudZero’s overarching goal is to help companies maximize the return on their cloud investment. To do that, it’s essential that engineers be accountable for their cloud costs. They must prioritize cost equal to quality and security and keep costs in check from the earliest days of development through the most advanced stages of production.
AvidXchange
OCTOBER 20, 2023
Digital advancements are transforming the landscape of the retail sector. Both online and traditional brick-and-mortar stores are harnessing the power of digital tools for diverse applications, such as inventory control and tailored marketing strategies. As we approach 2024, innovation will take center stage for retailers aiming to streamline operations and refine marketing efforts.
Outsourced Bookeeping
OCTOBER 20, 2023
Efficiency, accuracy, and cost-effectiveness are the pillars of success for Certified Public Accounting (CPA) businesses worldwide in the ever-expanding world of accounting and finance. The issue of how to handle accounting services effectively becomes more and more important as the demands on these businesses increase due to complex financial rules, growing customer bases, and the requirement for cutting-edge technology.
AvidXchange
OCTOBER 20, 2023
Prevailing economic uncertainty is having a significant impact on financial institutions. Banks and credit unions are recalibrating their priorities and budgets, with a focus on growth, efficiency and talent retention. The key to achieving these objectives lies in digital transformation. With increasing demands from regulators coupled with a heightened need for governance, the finance departments of banks and credit unions are under considerable strain.
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The status quo for AP in small and mid-market companies is broken. It consists of messy tech stacks of siloed solutions that give rise to manual work, a lack of control, wasted spend, and unnecessary risks. The benefits of shifting to spend management are tangible, measurable, and are felt across the whole organization. Spend management is a different way of thinking and an innovation whose time has come.
Accounting Fun
OCTOBER 20, 2023
The Song of a Lovesick Accountant How to account for your loss of interest? How to analyse your manner strange? Tell me truly of my errors: Narrate the reasons for this change. Your company and loving presence I value over all else on earth. If some goodwill can now be shown I venture we’ll see love’s rebirth. Reconciliation swift I now am seeking: This current impasse leaves me tense.
Accounting Tools
OCTOBER 20, 2023
Related Courses Managerial Economics Revenue Management Revenue Recognition What is Marginal Profit? Marginal profit is the difference between the marginal revenue and marginal cost associated with a sale transaction. Thus, it is the incremental profit gained from generating one additional sale. Generally, a business should continue producing units as long as there is a marginal profit to be gained from each additional sale.
NACM
OCTOBER 20, 2023
? On today's episode of Extra Credit.? Just as a football team relies on every player's commitment and passion to achieve victory, an organization thrives when its employees are fully engaged. Learn about lessons that every credit leader can learn from football to energize their teams and score business success.⭐ Hear from Jason Mott; Ronald Ser.
Accounting Tools
OCTOBER 20, 2023
Related Courses Activity-Based Costing Cost Accounting Fundamentals What is the Reciprocal Method? The reciprocal method uses simultaneous equations to allocate the costs incurred by service departments to other departments; allocations are also made between the service departments. This method results in an accurate distribution of costs. The method is rarely used, since there are somewhat less accurate methods available that require fewer calculations.
Speaker: Carolina Aponte - Owner and CEO, Caja Holdings LLC
In today's rapidly changing business environment, building a resilient balance sheet is crucial to the survival of any business. A resilient balance sheet allows a company to withstand financial shocks and adapt to changing market conditions. To achieve this, companies need to focus on key strategies such as maintaining adequate liquidity, managing debt levels, diversifying revenue streams, and prioritizing profitability over growth.
Accounting Tools
OCTOBER 20, 2023
Related Courses Crowdfunding Corporate Finance Treasurer's Guidebook Working Capital Management What is a Working Capital Loan? A working capital loan is intended to finance the day-to-day operations of a business, paying for such short-term investments as accounts receivable and inventory. These loans typically have a short life, with repayment required within a few months.
Accounting Tools
OCTOBER 20, 2023
Related Courses Business Strategy Key Performance Indicators What are Critical Success Factors? Critical success factors (CSFs) are activities that need to be done well in order for a business to achieve its mission. These are typically operational issues that employees are handling every day, and are the most important items that absolutely, positively must be done correctly.
Accounting Tools
OCTOBER 20, 2023
Related Courses Human Resources Guidebook What is Absenteeism? Absenteeism is a pattern of absence from work. It does not include any situations in which a person’s absence is expected, such as an excused absence for jury duty. An excessive level of absenteeism can be quite expensive for an employer , since replacement workers (who are likely less efficient ) must be brought in on short notice.
Accounting Tools
OCTOBER 20, 2023
Related Courses Working Capital Management What are the Determinants of Working Capital? The determinants of working capital are items that have a direct impact on the amount invested in current assets and current liabilities. Managers like to keep a close watch over these factors, since working capital can absorb a large part of the funding that an organization has at its disposal.
Speaker: Wayne Spivak, President and CFO of SBA * Consulting Ltd., Industry Writer, Public Speaker
If you’re lost in the world of spend management needs and your GAP analysis is lacking perspective on the future state of your business performance, listen up! With the advancement of technology, the implementation of spend management best practices and concrete GAP analyses is more streamlined and accessible than ever before. And while this may sound like great news for you and your clients, it won’t be worthwhile unless you have the latest techniques to back up your ambitions!
Accounting Tools
OCTOBER 20, 2023
Related Courses Accounting for Inventory How to Audit Inventory What is the Inventory Ledger? An inventory ledger is a document or computer record that tracks inventory transactions. The total of all transactions listed in this ledger should match the total for the corresponding account in the general ledger. There are several variations on this ledger concept, which are noted below.
Accounting Tools
OCTOBER 20, 2023
Related Courses Essentials of Employment Law Human Resources Guidebook What is an Agency Shop? An agency shop is an entity in which a union represents all employees in a bargaining unit, irrespective of employee membership in the union. In this situation, the union can collect dues and assessments from all employees in the unit. These payments may be considered a condition of employment, so an employee can be discharged for not agreeing to the payments.
Accounting Tools
OCTOBER 20, 2023
Related Courses Operations Management What is Finite Loading? Finite loading occurs when only a set amount of work is allocated to a work center, which is capped at its estimated capacity level. Doing so minimizes the queue of work waiting in front of a work center. Finite loading requires the use of detailed computer-based planning, based on the normal usage requirements of all jobs and the normal capacity levels of work centers.
Accounting Tools
OCTOBER 20, 2023
Related Courses Investor Relations Guidebook Public Company Accounting and Finance What are Headline Earnings? Headline earnings is a subset of the total profits reported by a business. These earnings are useful for a financial analyst who wants to determine the earnings level of the core day-to-day operations of a business, without other ancillary transactions cluttering up the earnings information.
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Developing a consistent month-end close doesn’t need to be a mystery. We’re sharing our top 10 secrets (plus one bonus!) for streamlining your close.
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